Ownership of key vessels will remain in Finland Neste Oil is planning to exit its shipping business. According to the plan, the company would sell all its own vessels and outsource the ship management functions currently covering them…
The Center for Maritime Policy and Strategy will host an academic workshop, Friday, Sept. 20, 2013, at the U.S. Coast Guard Academy entitled “Resilient Ports, Marine Transportation Systems and Maritime Communities in an Era of Global Environmental Change…
With individual claims arising from excessive main engine wear caused by cat fines in the fuel oil likely to exceed $1m, and no sign of the problem being remedied at source, operators will have to take on the responsibility for reducing the incidence of these claims…
The International Bunker Industry Association (IBIA) supports the UK government’s call for the International Maritime Organization (IMO) to bring forward its review of the availability of 0.50% sulphur fuel. As more and more locations declare ECA requirements…
Jeffrey S. Geiger, president of General Dynamics Bath Iron Works, will become president of General Dynamics Electric Boat effective November 4, 2013, following the retirement of Kevin J. Poitras. Geiger will continue reporting to John P. Casey…
TAPS (Tragedy Assistance Program for Survivors) has set up a 'Navy Yard Tragedy Family Support Fund' for those affected by the recent tragedy. They have experience and expertise in providing this support for families in circumstances like this…
The Virginia Ship Repair Association (VSRA) is preparing to celebrate its 35th Anniversary and held a dedication of a new memorial to the private ship yard industry on the Portsmouth Path of History. This National Historical Landmark is…
Executives from major classification societies will be sharing their expertise with maritime industry colleagues at the 2013 Fleet Optimization Conference, which is scheduled for Oct. 23-24 in Stamford, Conn. The keynote speaker Oct. 24 will be Yasushi Nakamura…
During an address today in New York City at the TradeWinds 2013 Jones Act Shipping Forum, American Maritime Partnership Chairman and American Waterways Operators President & CEO Tom Allegretti hailed the nation’s domestic maritime industry as a crucial element of America’s economic…
Intertek, a leading quality solutions provider to industries worldwide, has been awarded the dimensional control contract for INPEX Ichthys FPSO (Floating Production Storage Offloading) turret development. This contract calls for the assurance…
A/S Dan-Bunkering Ltd. Shanghai Rep. Office is pleased to announce that as of 12 August 2013, Alfred Ng has been employed as Marketing Executive. Alfred is originally from Guangzhou, China, and has been working with different parts of the bunker business since 2009…
Inchcape Shipping Services (ISS) appointed Guy Lear as General Manager for the UK.With nearly 25 years’ experience in the shipping industry, Guy has in depth cross-sector knowledge of the UK port agency market with particular expertise in the tanker business…
Austal USA earns 3rd annual Equity Underwriters' (AEU) large shipyard safety & health award . (AEU insures 68 shipyards nationwide).AEU has honored Austal USA, a member of the American Longshore Mutual Association (ALMA), with the presentation…
Moody's Investors Service assigned to Hapag-Lloyd AG. (Hapag-Lloyd) a B2 corporate family rating and the B2-PD probability of default rating. At the same time, the rating agency has withdrawn the B2 corporate family rating (CFR) and the…
Container shipping costs have continued to rise, but the trend has not been uniform across all trades and Drewry is expecting rate levels to fall in the final months of the year. Pricing on Asia origin trades has been buoyed by peak season volumes…
